DMX is a young investment company following a value investment style. Investments made focus on the underlying true worth of a company or a share of a company and where this is significantly higher than the price being offered an investment will be considered. Both because the small size of the company and a preference to make a small number of large investments, a concentrated investment style is adopted.

Investments made focus either on:

  1. Arbitrage – where investments are made based on specific events occurring such as a takeover offer, recapitalisation or a merger.
  2. Fundamentals – where the investment is made into a business which can achieve a strong return on invested assets and at the same time be purchased at a discount which is expected to reduce over time.


INVESTOR INFORMATION

DMX 2017 Annual Report

Directors' estimate of adjusted NAV as at 30th June 2017 was $252.39. This reflects a negligible decline on the 30th June 2016 NAV of $253.85.

Adjusted NAV reflects an accrual for long-term bonus compensation to certain directors and executives which does not flow through the current-period financial statements. It also adjusts for sums owed to the OSR that we expect will not be required to be returned (ie: sums of under $100 each).

On 18th October 2017 the company consolidated its shares 8 for 1. Pro forma 30th June 2017 adjusted NAV is approximately $2,019 per consolidated share.

Please direct any enquiries to Chairman, Roger Collison, on 02 99553493 or email roger.collison@dmxcorporation.com.au.

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Contact Us:


DMX Head Office
Level 7, 11 Castlereagh Street
SYDNEY NSW 2000

Phone: +61 2 9955 3493
Fax: +612 8583 3327
Email: roger.collison@dmxcorporation.com.au


@ DMX Corporation